Retail inflation rises to 5.52% as food prices soar
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed
BusinessToday.In | April 12, 2021 | Updated 18:25 IST
Retail inflation rises again
Retail inflation, calculated on the basis of Consumer Price Index (CPI), increased to 5.52 per cent in March, up from 5.03 per cent recorded in February, showed government data released on Monday. Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February.
Vegetable prices declined 4.83 per cent, while cereal and products and sugar and confectionery segments saw prices fall 0.69 and 0.53 per cent, respectively. This, however, was not enough to moderate the price rise in overall food basket.
WINNIPEG Officers with the Winnipeg Police Service are investigating reports of gunshots on Corydon Avenue over the weekend. On Sunday night, CTV News Winnipeg spotted six police cruisers outside of a convenience store, located at Corydon and Arbuthnot Street. Officers had also sectioned off the parking lot. Winnipeg police confirmed they were responding to reports of gunshots, but could not confirm if any shots had actually been fired. CTV News Winnipeg has reached out to police for more details. This is a developing story. More details to come.
- With files CTV’s Tim Salzen.
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Euro Falls Ahead Of Eurozone Retail Sales
BRUSSELS (dpa-AFX) - At 5.00 am ET Monday, Eurostat is scheduled to issue euro area retail sales data for February. Ahead of the data, the euro weakened against its major rivals.
The euro was worth 130.10 against the yen, 1.1887 against the greenback, 0.8648 against the pound and 1.0996 against the franc as of 4:55 am ET.
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